Global Chromium Phosphate Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Global Chromium Phosphate Market Analysis, Market Size,

Application Analysis, Regional Outlook, Competitive

Strategies And Forecasts, 2014 To 2020

Industry Insights

Chromium phosphate has been witnessing strong growth on account of increasing demand for

coating materials from major end-use industries. Increasing application scope of chromium

phosphate in medical sector is anticipated to drive the market over the next six years.

Furthermore, growing medical sector across the world is anticipated to boost the demand for

chromium phosphate over the forecast period.

Increasing demand for corrosion inhibitors across the globe is further likely to augment the

market growth over the projected period. Chromium phosphate is also used in architectural

coatings. Increasing demand for architectural coating on account of growing construction sector

is anticipated to augment the market growth over the forecast period.

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Owing to the infrastructural development in emerging countries such as India and China,

building & construction sector is on boom and it is expected to boost chromium phosphate

Hexa Research Inc.

Industry Research,Custom Research & Consulting

market over the next six years. However, increasing prices of raw materials coupled with lack of

awareness regarding chromium phosphate benefits is anticipated to impact the market growth

negatively.

Application Insights

Architecture coating is witnessed to be the largest application segment for chromium phosphate

market over the last few years. Chromium phosphate is used in architectural coatings to protect

the design from abrasion and environmental impact. In addition, architecture coating are used in

all kind of furniture to enhance the quality and design of furniture. Growing architectural paints

demand is expected to...